If you are a newcomer in the cryptocurrency world, you’re bound to stick with a tried and tested solution to lower possible risks. This solution is Ledger Nano S. You can fully entrust your crypto assets to it.
Ledger Nano S is the best multicurrency cryptocurrency wallet. A great number of crypto enthusiasts consider it to be the most reliable storage method. The case of the device is designed as a flash drive. It comes with a small portable display and two buttons for control.
The given device gives you an excellent opportunity to store more than 1,100 types of cryptocurrency in remote access from the network. Needless to say, it provides grater security. The list of cryptocurrencies available for storage is constantly expanding.
Now let’s view its main characteristics:
- Weight: 16.2 g;
- Size: 98x18x9 mm;
- Material: brushed stainless steel and plastic;
- Micro-B type USB connection ports;
- Package: a device, a manual, a USB cable, a cord for comfortable carrying, and a card for writing SEED phrases.
An important feature of Ledger Nano S is that the private key is generated when creating a crypto wallet and remains recorded on a protected ST31H320 chip and never leaves it. By the way, the same type of chip is utilized for biometric passports and credit cards.
To carry out wallet operations, the manufacturer has developed a special application dubbed Ledger Live, connected to all operating systems, except mobile ones.
When you first start it, you’re expected to set a PIN-code and a SEED phrase of up to 24 words, which later will help you to restore access to the EXP wallet, even if you somehow lose your device.
We don’t recommend you to write your SEED phrase on the proposed card because a key that is able to provide access to your crypto assets must be written without any identification marks if you don’t want to attract the attention of hackers.
On the official website, the cost of Ledger Nano S accounts for 60 euros including VAT. You can hardly find a better solution amid multicurrency crypto products. For example, in 2018, over 1.3 million units were sold to more than 100 countries.